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And I have actually been happy to fulfill them and pleased to welcome them. Chairman Leahy. Additionally, as my last question, in a few of the statement this early morning there has been a pointer that, certainly, just with all the thousands of billions, trillions of dollars prepared to spend, you must just go somewhere else.


Stenger. I would inform you that in this environment the capability to increase funding for the things we are doing would have-- it is impossible to do so in a manner that would certainly permit us as effectively and as quickly produce things we have done. You can borrow money if you have actually obtained half down.


I could have borrowed half of that if I had the $12 million in cash money to install. Everybody knows that, yes, financial institutions have money to car loan as long as you have actually obtained fifty percent of it in your pocket before you request for the various other half. That is not how organization functions these days.

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Senator Grassley. Senator Grassley. I want to confess that we only have anecdotal info, yet I would like to ask you to what level you have to go or do go to make certain that the centers make sure that the financial investments do not produce work for individuals here illegally.


Mr. Stenger. We have actually worked with-- as I said, at the Peak we had 550 construction workers on our job.


They are made up of 10, 15, 20, 30 staff members. They are profiting straight from the investment. I understand the workers, I understand their households, and we have been able to employ-- via these last 3 years of awful economic turmoil, we have actually been able to utilize nearly every building and construction worker in our region and the surrounding areas.

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They are spent in the communities, and they are all United state workers. Legislator Grassley. Mr. Stenger.


Thanks. Mr. North, along the exact same lines of the inquiry I asked him, has your study shown examples other-- and I just offered one example, so I wish to confess that and be accountable concerning it-- of centers working with undocumented individuals? Mr. North. That type of information is really hard to acquire from USCIS, and I have to say that what we do learn about most of the interior features of that company regarding this program is concerned associates with cases in which the staff has stated no to an application of some kind and afterwards the regional center or the private business owner has actually mosted likely to the Administrative Appeals Office-- which belongs to the company-- and there we obtain records, we obtain a hearing policeman telling us what is taking place because certain instance.




This is a negative application." So there is a quantity of bad applications out there, but just when that process gets prior to an administrative law judge do we see a lot in the means of information. Currently, there was one situation that you mentioned, and let me simply clarify on that a little bit.

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Do not take too long since I intend to ask another pair inquiries. Go ahead and quickly finish. Mr. North. The dairy farm had actually claimed 17 workers, and they got involved in it, and the judge discovered that 16 of them were illegals. Currently, that is the one instance I have, and it is a fine example.


Okay. I am mosting likely to ask different concerns of each of the 3 of you, yet it deals with this set problem. As I stated in my opening declaration, I am worried about the potential loophole that permits financiers to withdraw their financial investment in regional centers after receiving their copyright.


Mr. Divine. I would certainly claim that many of the financiers, if you asked them what are their goals, they would certainly claim, "I want to get an environment-friendly card, and I want to maintain it.


Mr. Divine. Let me ask Mr. Stenger, is it common for a capitalist in EB5 Regional Center Program your experience to withdraw his or her financial investment quickly after obtaining an eco-friendly card? Mr.


Senator, legislator.